Evergreen exits third consecutive profitable quarter

Evergreen delivered a profit of USD 124 million in the third quarter of the year, which is the third consecutive quarter with a positive bottom line.

Photo: /ritzau/Martin Lehmann

Evergreen Marine Corp., the shipping unit of listed Taiwan company Evergeen, reports a profit for the third consecutive quarter.

According to Alphaliner, the container carrier – one of Taiwan's top three alongside Yang Ming and Wan Hai – achieved a profit of TWD 3.74 billion, corresponding to USD 124 million. In the same period last year, the carrier lost TWD 1.14 billion.

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